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Airbus: easyJet could cancel order of 107 Airbus

( - Stelios Haji-loannou, the founder of easyJet, appears to have threatened to sack easyJet's management team members if they refuse to cancel the 4.
5 billion euro order of 107 Airbus aircraft, Sky News has said today.

Stelios Haji-loannou holds a third of easyJet's capital. He believes that this order could threaten the company's very existence in current market conditions Aurel BGC reports this morning.

EasyJet announced this morning that it has decided to stop all of its flights. The company had already decided to ground the majority of its fleet from 24 March.

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